Asset Declarations for Public Officials
A Tool to Prevent Corruption

Many countries around the world have introduced systems of asset declarations for public officials in order to prevent corruption. These systems vary greatly from country to country. The impact of such systems on the actual level of corruption is not well known.
This study provides a systematic analysis of the existing practice in the area of asset declarations in Eastern Europe and Central Asia, and in some OECD member states in Western Europe and North America. It examines the key elements of asset declaration systems, such as policy objectives, legal frameworks and the institutional arrangements; the categories of public officials who are required to submit declarations, and types of required information; procedures for verifying declared information, sanctions for violations, and public disclosure. The study also discusses the cost-effectiveness and overall usefulness of declaration systems. It includes four case studies covering Lithuania, Romania, Spain and Ukraine, and many additional country examples and references.
The study presents policy recommendations on the key elements of asset declaration systems. These recommendations will be useful for national governments and international organisations engaged in development, reform and assessment of asset declarations systems on a country level.
Also available in: Russian
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Purposes of the Declaration Systems
Conflict of interest control – The United Nations Convention against Corruption makes explicit reference to the possibility of a conflict of interest as a benchmark for what information is to be declared. This reflects the fact that conflict of interest control is the most common purpose for the use of declarations of public officials. One could say that the conflict of interest prevention focuses somewhat narrowly on whether a particular interest can interfere with the discharge of official duties. Meantime there are also broader concerns with public accountability, raising the more general possibility of evaluating the activities of a public official, including what personal motives he/she may have.
Also available in: Russian
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Click to download PDF - 261.08KBPDF
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Click to Read online and shareREAD